IPG Photonics Income Statement
IPGP / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
IPG Photonics reported $1.0B in revenue and $31M in net income for FY2025. Revenue has grown at a 5.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 4.72 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $977.1M | $1.5B | $1.2B | $1.3B | $1.5B | $1.4B | $1.0B | $901.3M | $769.8M | $648.0M | $562.5M | $474.5M | $299.3M | $474.5M |
| Cost of Revenue | $622.3M | $639.0M | $764.5M | $661.7M | $708.4M | $659.6M | $612.0M | $453.9M | $409.4M | $353.3M | $308.1M | $257.8M | $217.2M | $152.8M | $217.2M |
| Gross Profit | $381.5M | $338.2M | $696.4M | $539.0M | $606.2M | $800.3M | $796.9M | $552.2M | $491.9M | $416.5M | $339.9M | $304.7M | $257.3M | $146.5M | $257.3M |
| SG&A Expense | $143.1M | $124.3M | $125.9M | $110.0M | $107.6M | $102.4M | $80.7M | $66.5M | $57.2M | $55.3M | $50.9M | $39.2M | $37.4M | $28.6M | $37.4M |
| R&D Expense | $117.4M | $109.8M | $139.6M | $126.9M | $130.0M | $122.8M | $100.9M | $78.6M | $63.3M | $53.4M | $41.7M | $31.4M | $25.4M | $19.2M | $25.4M |
| Operating Income | $13.1M | -$208.3M | $367.9M | $198.7M | $233.8M | $523.4M | $551.1M | $364.3M | $342.0M | $283.8M | $218.1M | $208.9M | $175.5M | $80.4M | $175.5M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $681.0K |
| Income Tax | $14.0M | $19.6M | $88.6M | $45.4M | $68.1M | $130.2M | $204.3M | $105.8M | $99.6M | $84.0M | $62.5M | $61.5M | $53.6M | $24.9M | $53.6M |
| Net Income | $31.1M | -$181.5M | $278.4M | $159.6M | $180.2M | $404.0M | $347.6M | $260.8M | $242.2M | $200.4M | $155.8M | $145.0M | $117.8M | $54.0M | $117.8M |
| EPS (Basic) | $4.64 | $2.17 | $5.21 | $3.00 | $3.40 | $7.55 | $6.50 | $4.91 | $4.60 | $3.85 | $3.02 | $2.87 | $2.48 | $1.16 | $0.12 |
| EPS (Diluted) | $4.63 | $2.16 | $5.16 | $2.97 | $3.35 | $7.38 | $6.36 | $4.85 | $4.53 | $3.79 | $2.97 | $2.81 | $2.41 | $1.13 | $0.12 |
| Shares Outstanding | 42.5M | 46.3M | 48.1M | 53.0M | 53.4M | 53.0M | 52.9M | 53.6M | 53.3M | 52.9M | 52.4M | 51.9M | 51.4M | 47.6M | 47.0M |
| Gross Margin | 38.0% | 34.6% | 47.7% | 44.9% | 46.1% | 54.8% | 56.6% | 54.9% | 54.6% | 54.1% | 52.4% | 54.2% | 54.2% | 48.9% | 54.2% |
| Operating Margin | 1.3% | -21.3% | 25.2% | 16.5% | 17.8% | 35.9% | 39.1% | 36.2% | 38.0% | 36.9% | 33.7% | 37.1% | 37.0% | 26.9% | 37.0% |
| Profit Margin | 3.1% | -18.6% | 19.1% | 13.3% | 13.7% | 27.7% | 24.7% | 25.9% | 26.9% | 26.0% | 24.0% | 25.8% | 24.8% | 18.0% | 24.8% |